Search results for: #FTX

News | 1 month ago
2 minutes read
Former FTX Executive to Plead Guilty to Fraud Charges

During a hearing in a Manhattan federal court, Nishad Singh’s attorneys said their client was willing to plead guilty to several charges, including wire fraud and conspiracy to commit money […]

Author: CoinsPaid Media Editor
News | 1 month ago
2 minutes read
New Criminal Charges Against Sam Bankman-Fried 

Sam Bankman-Fried, Founder of bankrupt crypto exchange FTX and Former Executive of Alameda Research, is facing new criminal charges. The court charges SBF with conspiracy to commit bank fraud and […]

Author: CoinsPaid Media Editor
News | 2 months ago
2 minutes read
FTX Owes Money to Numerous Companies and Individuals

FTX representatives prepared a “creditor matrix,” a 115-page document with details of entities owned by Sam Bankman-Fried’s company.  FTX attorneys provided a document to the District Court for the District […]

Author: CoinsPaid Media Editor
News | 3 months ago
< 1 minutes read
Fund Outflows from CEXs After FTX’s Collapse Already Over $19 Billion 

From November 5 to December 26, almost 357,000 BTC and 4.48 million ETH were withdrawn from accounts of various centralized trading platforms around the world.  More than $19 billion worth […]

Author: CoinsPaid Media Editor
News | 3 months ago
2 minutes read
Binance Fights FUD and Tries to Reassure Users

A post appeared on the crypto exchange’s blog detailing the origins of key events that amplified the FUD effect around Binance in the past few weeks.  In an effort to […]

Author: CoinsPaid Media Editor
News | 3 months ago
2 minutes read
Former FTX Group Execs Plead Guilty and Cooperate with Investigation

Caroline Ellison and Gary Wang pleaded guilty to fraud charges and are cooperating with the U.S. government investigation into FTX ex-CEO Sam Bankman-Fried.  Former Alameda Research CEO Caroline Ellison and […]

Author: CoinsPaid Media Editor
News | 4 months ago
2 minutes read
FTX’s Crash Led to Fewer Losses Than Terra, 3AC, and Celsius Bankruptcy 

Realized losses of crypto investors after FTX’s bankruptcy peaked at $9 billion per week. That’s considerably less than the losses after Terra, Three Arrows Capital, and Celsius collapsed.  Analysts at […]

Author: CoinsPaid Media Editor
News | 4 months ago
< 1 minutes read
Binance Faces FUD Effect and Liquidity Losses 

Binance’s net withdrawals exceeded $3.6 billion last week, with Changpeng Zhao saying it should be seen as a “stress test” that will prove the company’s solvency.  Analysts at Nansen note […]

Author: CoinsPaid Media Editor
News | News | 4 months ago
2 minutes read
Charges Against SBF Filed by Federal Prosecutors, SEC, and CFTC

The earlier closed charges of the U.S. Attorney’s Office against FTX CEO Sam Bankman-Fried (SBF) have been made public. Bahamian authorities arrested him on these charges. Formal charges from U.S. […]

Author: CoinsPaid Media Editor
News | 4 months ago
2 minutes read
FTX CEO Sam Bankman-Fried Arrested in Bahamas and Will Be Extradited to U.S.

The Royal Bahamas Police Force arrested Sam Bankman-Fried (SBF). The arrest warrant came from the U.S. government on a sealed indictment. The United States government notified Ryan Pinder, Bahamas Attorney […]

Author: CoinsPaid Media Editor